Ndiang Montagne Group
The featured borrower Coumba is 55 years old. She is a widow and mother to five children of whom the youngest is 23 years old. One of her daughters is married. She manages a business selling diverse items and capitalizes on a good experience of 4 years. She started with her first loan received from Caurie. In the photo, she is standing on the far right dressed in a large yellow boubou with flowers and is raising her left hand.
Coumba gets her merchandise (scarves, shoes, clutch bags...) to resell it in her neighborhood by selling door-to-door and from her home.
Her loan will allow her to buy 100,000 F of Khartoum fabric, 30,000 F of shoes, 30,000 F of clutch bags; transportation costs and miscellaneous expenses will make up her contribution.
The profits serve to save, and participate a bit in the expenses; the expenses of the family are the responsibility of her children who are all adults.
L'emprunteur vedette madame Coumba est âgée de 55 ans, elle est veuve mère de cinq enfants dont le plus jeune a 23 ans, une de ses filles est mariée. Elle mène une activité de petit commerce d'articles divers et capitalise une bonne expérience de 4 ans, elle a démarré avec son premier financement reçu de Caurie. Sur la photo, elle est debout à droite à l'extrême habillée en grand boubou jaune fleurettes et a levé la main gauche.
Coumba s'approvisionne en marchandises(écharpes, chaussures, pochettes....)pour revendre dans son quartier en faisant du porte à porte et à domicile.
Son prêt lui servira à acheter des tissus khartoum 100000 F, chaussures 30000 F, pochettes 30000 F; les frais de transport et divers vont constituer son apport.
Les bénéfices servent à épargner, participer un peu aux dépenses; les charges de la famille incombent à ses enfants qui sont tous majeurs.
About CAURIE Micro FinanceThe mission of CAURIE Micro Finance is to contribute sustainably and to offer microfinance services adapted to impoverished micro-entrepreneurs, primarily women, based on the principles of ‘credit for the poor’ and on microfinance best practices, all while investing in order to become financially independent.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid